Optimal Commodity Bundles

Optimal Commodity Bundles

Optimal Commodity Bundles

Call us:+44-7497786317, +61-280147200

Email us:support@locusrags.com

Optimal Bundle is a point where the budget line is tangential to Indifference Curves. We usually use lagrangian function to derive optimal commodity bundles. But lagrangian method cannot be used in the case of corner solutions. So, Lagrangian method cannot be used for Perfect Substitutes and Perfect Complements.

Disclaimer : Cheap Assignment help offers custom written assignments to facilitate writing, editing and proofreading process.We provide references of reliable resources, and it is for knowledge purpose only and cannot be used for direct submissions in University.

Get the Biggest Deal Ever - Lowest guaranteed price across the globe. Get upto 50% off ! Order Now